M3 Advisory Group LLC cut its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 5.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,679 shares of the apparel and home fashions retailer’s stock after selling 94 shares during the quarter. M3 Advisory Group LLC’s holdings in TJX Companies were worth $207,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Clear Creek Financial Management LLC boosted its stake in shares of TJX Companies by 1.8% during the first quarter. Clear Creek Financial Management LLC now owns 4,811 shares of the apparel and home fashions retailer’s stock valued at $586,000 after acquiring an additional 83 shares during the last quarter. Knuff & Co LLC boosted its stake in shares of TJX Companies by 8.5% during the first quarter. Knuff & Co LLC now owns 1,056 shares of the apparel and home fashions retailer’s stock valued at $129,000 after acquiring an additional 83 shares during the last quarter. 3Chopt Investment Partners LLC boosted its stake in shares of TJX Companies by 1.6% during the second quarter. 3Chopt Investment Partners LLC now owns 5,239 shares of the apparel and home fashions retailer’s stock valued at $647,000 after acquiring an additional 83 shares during the last quarter. McLean Asset Management Corp boosted its stake in shares of TJX Companies by 3.2% during the second quarter. McLean Asset Management Corp now owns 2,746 shares of the apparel and home fashions retailer’s stock valued at $344,000 after acquiring an additional 84 shares during the last quarter. Finally, NBC Securities Inc. boosted its stake in shares of TJX Companies by 0.6% during the second quarter. NBC Securities Inc. now owns 14,274 shares of the apparel and home fashions retailer’s stock valued at $1,762,000 after acquiring an additional 86 shares during the last quarter. 91.09% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
TJX has been the topic of a number of analyst reports. Robert W. Baird increased their price objective on TJX Companies from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Morgan Stanley increased their price objective on TJX Companies from $140.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Daiwa America raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, July 8th. Daiwa Capital Markets began coverage on TJX Companies in a research report on Tuesday, July 8th. They set an “outperform” rating and a $133.00 target price on the stock. Finally, Bank of America increased their target price on TJX Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $147.63.
TJX Companies Stock Performance
TJX Companies stock opened at $140.38 on Monday. The stock’s 50-day moving average is $138.07 and its 200-day moving average is $130.24. The company has a market cap of $156.23 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.52. The TJX Companies, Inc. has a 12 month low of $111.73 and a 12 month high of $145.58.
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.09. The company had revenue of $14.40 billion for the quarter, compared to the consensus estimate of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The company’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $0.96 EPS. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. Equities analysts anticipate that The TJX Companies, Inc. will post 4.18 earnings per share for the current year.
TJX Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 13th will be issued a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.
About TJX Companies
The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.
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